The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.
In an opinion piece for the FT this week, chief executive of the PRI Fiona …
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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.
Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …
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SEC falls foul of proxy astroturf
Did the SEC cite fake letters to support its proxy clampdown?
The SEC’s attempts to impose tough new regulations on proxy advisers have taken a sinister turn following revelations its chairman has been citing …
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A war of words has broken out between investors and the Securities and Exchange Commission (SEC) following the regulator’s controversial proposal to amend its proxy voting rules.
On 5 November, the SEC proposed new changes to how proxy advisory firms operate – with some criticising the move …
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SEC fines PwC over reporting and independence
Accounting giant PricewaterhouseCoopers has been slapped with a $7.9m penalty for violating the Securities and Exchange Commission’s (SEC) financial reporting and auditor independence rules.
The regulator found PwC had engaged in ‘improper professional …
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New website aims to prevent investor rights erosion
With the SEC set to announce new rules on proxy voting this week, a new website has launched for organisations concerned about the erosion of investor rights. A quick browse of InvestorRightsForum.com …
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SEC outlines planned risk disclosure changes
The Securities and Exchange Commission (SEC) is proposing to change its regulations on business, legal proceedings, and risk factor disclosures.
The SEC says that the amendments are intended to improve disclosures for investors and …
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SEC urged to unleash sweeping changes to proxy system
As the SEC’s Proxy Plumbing saga rumbles on, the Commission has signalled that public companies, shareholders and other stakeholders in the US may soon get the transparency in the proxy system …
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